Commercial Land Development
For Sale
$199,000
3423 South Calumet Avenue, Chicago, IL 60616
Oversized lot with access from Calumet and King Dr, offering potential for multiple units and commercial use.
Property SizeContact for details
Days on Market154
Property Features for 3423 South Calumet Avenue
General Information
Standard status
Active
Property subtype
Land
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,323
Listing Agency:
Compass
(847) 312-8005
Listed By:
Joanna Olszynska · License #475142138
(847) 312-8005
Source:
Compass
Added: Mar 9
Changed: Aug 8
Last Checked: Mar 25 at 10:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This commercial land parcel is offered for sale with a 25x125 lot configuration. The property is being marketed as having development potential for either 3 units plus commercial use, or 4 units with a special use; buyers are encouraged to conduct their own due diligence regarding feasibility.
The site has access from Calumet and King Dr.
Because the remarks highlight multiple development scenarios, prospective buyers should review applicable requirements and confirm what configurations are permitted for the intended use before moving forward.
The site has access from Calumet and King Dr.
Because the remarks highlight multiple development scenarios, prospective buyers should review applicable requirements and confirm what configurations are permitted for the intended use before moving forward.
Key Highlights
- 25x125 lot
- Access from Calumet and King Dr
- Possibility of 3 units plus commercial use, or 4 units with special use (buyer to do due diligence)
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,893
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized lot with access from Calumet and King Dr, offering potential for multiple units and commercial use.
Where is this residential land & home lot located?
The property is located at 3423 South Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 25x125 lot; Access from Calumet and King Dr; Possibility of 3 units plus commercial use, or 4 units with special use (buyer to do due diligence)
